Robinhood, Procter Gamble And 3 Other Big Stocks Insiders Are Selling
U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga''s insider transactions platform. SP Global The Trade: SP Global Inc. (NYSE: SPGI ) Executive Advisor John Berisford sold a total of 13,450 shares at an average price of $370.59. The insider received around $4.98 million from selling those shares. What’s Happening: SP Global recently reported second-quarter FY22 revenue growth of 42% year-on-year to $2.99 billion, missing the consensus of $3.01 billion. What SP Global Does: SP Global provides data and benchmarks to …
Robinhood, Procter Gamble And 3 Other Big Stocks Insiders Are Selling
U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga''s insider transactions platform. SP Global The Trade: SP Global Inc. (NYSE: SPGI ) Executive Advisor John Berisford sold a total of 13,450 shares at an average price of $370.59. The insider received around $4.98 million from selling those shares. What’s Happening: SP Global recently reported second-quarter FY22 revenue growth of 42% year-on-year to $2.99 billion, missing the consensus of $3.01 billion. What SP Global Does: SP Global provides data and benchmarks to …